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Houston Development News







I guess I will start off with the Dominion on Post Oak. This is Uptown's new condo that is scheduled to open Dec. of 2004. The condo has 17 different floor plans and will be 31 stories tall.

 

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Discussion Starter #4
The Harris County Civil Justice Center should be done soon. I got the pics from the Houston forum.

Rendering





Construction pics

 

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Discussion Starter #5
Prime at Post Oak





Centrally located in the heart of Houston's prestigous Uptown Galleria/Post Oak area, Prime at Post Oak is a 21 story, 156 unit development within walking distance froma plethora of shopping and dining options.

The top 2 story levels offer 5 two story penthouses. The average unit size is 1800 sq. ft., and 80% of the units will have spectacular views of the Galleria area. Floor seven will house a 3,000 sq. ft healthclub and 6,000 sq. ft. terrace with a pool. A seven level parking structure will be behind the west tower.
 

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Discussion Starter #6
Club Quarters Hotel



Club Quarters Hotel is downtown Houston's newest hotel. It was renovated from the historic Texas State Hotel and opened this summer. Other locations include NYC in midtown and downtown, D.C. near the White House, Downtown Boston near Faneuil Hall, Central Loop Chicago near Sears Tower and another location at Wacker and Michigan Avenue, downtown San Francisco across from the Embarcadero Center, downtown Phialdelphia opposite Liberty Place, London adjacent to St. Paul's Cathedral and another location at Gracechurch near the Tower of London.

Club Quarters are private, full service hotels for member organizations designed for the business traveler, subsidized for family and friends' use on weekends and holiday periods.
 

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Discussion Starter #7
The Point at White Oak Bayou

There is a huge crop of midrises going up inside the loop, but IMO I find this one to be the most interesting. This midrise will be located on Whitee Oak Bayou, just north of downtown.


 

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Discussion Starter #8
fwskyline said:
Wow, hadn't heard about this one until now. Does it or the Dominion have any kind of street interraction (like retail, or overall pedestrian friendliness)?
I don't know if the bottom floors will have retail or not, but since it is on Post Oak there should be plenty in walking distance.
 

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Discussion Starter #9
The Briarglen

Another one of the many midrises going up on the west side of the loop.




Situated on a prime, ½ acre Inner Loop site, this proposed 34 unit development will have structured parking for 72 cars. With concrete and steel frame construction, the brick and precast façade offers an elegant streetscape in scale with the residential neighborhood. With 11 foot ceilings, each unit will have hardwood floors, balconies or terraces, granite countertops in kitchens and baths, and stainless steel appliances. Unit sizes range from 1 bedroom / study to 3 bedrooms. The development will also have a pool and lush landscaping.
 

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Discussion Starter #10
GetOnDaTrain said:
Say, that's bound to be sleekest apartment buildings when built. Anymor info on these, texasboy.
I know. I am also trying to find info on this midrise going up. Hopefully another Houston former will have info.
 

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Discussion Starter #11
Camden Midtown Project

Houston has enough of these Camdens, but here is anoother one that will be located in midtown. From the looks of it, it will be located on the light rail line.



Camden will likely break ground in mid- to late 2005 on the superblock project in Midtown. The mixed-use development is in position to move forward after Camden recently purchased the last two acres it needed of the five-acre site.

Also,

In another deal that took three years to piece together, Campo says Camden will probably break ground in early to mid-2005 on a multifamily complex in the Fourth Ward. The 9.1-acre site that encompasses seven blocks is roughly bounded by Valentine to the west, Ruthven to the north, the Interstate 45 feeder road to the east and St. Joseph Parkway and Baldwin to the south
 

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Discussion Starter #12
The Edge




The Edge Condominiums, a 6 floor midrise building, 93 Unit, new construction Condominium Building, at the Edge of Downtown Houston. Near vibrant midtown shops, the Trolley, restaurants and hot spots. Construction to begin fall of 2004, occupancy in summer of 2005.

Here is an article

Developers give Midtown condos an 'edge'
Jennifer Dawson
Houston Business Journal
A new mid-rise condominium project featuring 93 units is set to break ground in Midtown as early as October.


While Midtown has become popular for apartment and townhome development, the new complex could be the largest condominium development in the area in the past 30 years.

Midtown Condominiums LLC, an affiliate of Fidelity Management Co., is building the complex, which will be called The Edge. The seven-story project will be located on 1.07 acres bounded by Baldwin, Pierce Ave., Bagby and St. Joseph Parkway, directly southwest of downtown Houston.

Development partners John Tuschman, his son James Tuschman, and Bahram Pirzad named their project The Edge because it is on the edge of downtown, Midtown and the Fourth Ward.

The project's first two levels will be used for parking, the third level will hold the common areas and the top four levels will house the residential units, all of which will have balconies.

Building amenities will include a formal lobby, lounge, pool, home movie theater, exercise area, business center, four elevators and three atriums, all within a six-minute walk of the MetroRail downtown transit center.

The 23 penthouse units will feature wood floors, granite countertops, stainless steel appliances, wall coverings, high ceilings, a skylight in the master bedroom and one to two fireplaces per unit.

Price is key
John Tuschman, the managing member of Midtown Condominiums, says with prices ranging from $143,000 to $400,000, The Edge will have some of the lowest-priced residential units in the area. Most of the units will cost between $150,000 and $225,000, he says.

"The whole idea is to provide residential units well below what is available in the market," Tuschman says. "We felt that there was certainly a need for ... lower priced housing."

Tuschman says there are currently only 80 units available for sale in this price range in the area, and most are three-level townhomes without many amenities.

One-bedroom units in The Edge will range in size from 950 square feet to 1,150 square feet. Two-bedroom units will be between 1,100 square feet and 1,450 square feet in size. And three-bedroom units will be larger than 2,000 square feet.


"It sounds like what they're doing is a real good idea, in terms of the size of the units and pricing," says Richard Zigler, director of research for O'Connor & Associates.

The Edge's pricing structure may be one of its biggest draws because it is difficult to find in-town condos for less than $250,000, Zigler says. In addition, he speculates that buyers willing to pay close to $500,000 for a condo would probably choose downtown or the Galleria over Midtown anyway.

Ric Campo, chairman and CEO of Camden Property Trust, a real estate investment trust specializing in apartments, says if The Edge can keep prices under $350,000 to $400,000, it should have success in Midtown.

"If someone can build a moderately priced mid-rise, they would do very well down there," Campo says. "Price point is really the key."

Second time around
The Edge represents Tuschman's second attempt to develop a residential property in Midtown.

Through Fidelity Management, where he is president, Tuschman purchased a parcel of land just behind the old Days Inn in 2002 for a 44-unit condo project. He and his partners decided not to build the complex after learning of the U.S. Vets' plan to convert the old hotel into a residence for homeless veterans.

Tuschman, his partners and a number of limited partners bought The Edge tract in February. After working on it for the last few months, Tuschman succeeded last week in getting the city to approve a zero lot line for the property.

"It took us over four months to get the variance," Tuschman says.

Tuschman expects more of the new Midtown residential developments to be higher density because of the price of land, which he says ranges from $60 to $65 per square foot.

"The land is so expensive there right now," Tuschman says.


F. Charles Le Blanc, executive director of the Midtown Redevelopment Authority, says prices are lower than that, from the high $20s to high $40s per square foot. Coincidentally, when the authority was formed in 1995, he says land was going for $2 to $8 per square foot.

Le Blanc says if land costs continue to rise, so too will the chance of seeing more condominium development in Midtown. The Edge could be the first of several condo projects, but developers will likely wait to see how this first complex fares, he says.

"I think they'll sell," Le Blanc says of The Edge units. "I think you'll see more condominium-type projects."

Tuschman says a recent study shows that there is an immediate need in the area for 80,000 housing units, and two-thirds of the potential residents would rather buy than rent.

In addition, he says more condos are needed to serve the Texas Medical Center, which is connected to Midtown by the light rail. There are currently 70,000 employees working in the Med Center, which is expected to have 90,000 employees within four years, he says.

"There is this huge pent-up demand for sale housing close to downtown," Tuschman says. "Nobody's really meeting that need."

The Edge will get started on that perceived need as soon as the land is vacated.

Alpine AutoWerke, a car detailing and repair company located at 311 Pierce, will move its operations on Oct. 12.

"We plan to break ground immediately thereafter," says Tuschman, who also is president of the Tuschman Foundation, a family organization that gives charitable grants to area nonprofits.
 

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Discussion Starter #13
One Montrose Place

Does anybody or a Houston forumer know if this condo is complted yet?



This 32-unit for-sale mid-rise condominium building consists of six levels of residential use over a single level steel structured parking podium. The two bedroom, two-bathroom units range from 1200 to1400 square feet on five floors with 4 larger penthouse units on the top floor. A lobby and mail room will be provided on the first floor of the building. The building is constructed in Type 2 construction with steel framing.
 

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Discussion Starter #14
Two Waterway

Waterway Lofts Website


Two Waterway is the second loft condominium project for Threshold Interests which offers the urban dweller a simplified lifestyle amidst a robust pedestrian environment stimulated by the cultural and entertainment activities of the Woodlands' Town Center.

Like its sister project, Waterway Lofts, Two Waterway is also located on the waterway offering residents an active pedestrian environment in this upscale urban village with instant access to waterfront promenades, bike paths, parks, the Cynthia Woods Mitchell Pavilion, and the Woodland’s growing retail and commercial community.

 

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Discussion Starter #15
Prairie View A&M University, College of Nursing




Health care professionals, political and academic officials broke ground for Prairie View A&M University's new multi-million dollar College of Nursing building in the world-renown Texas Medical Center. The twelve-floor structure will contain 118,000 square feet when it is completed in 2005 at a cost of $31.3 million. The increased space will allow the college to double its capacity to 500 students and is expected to help alleviate the nursing shortage that has been reaching a critical stage for many hospitals around the country.


Click here for construction update pic
 

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Discussion Starter #17
Christian Dior opens in Houston

On one side of the mauve velvet ropes in the Galleria Tuesday night, the real world ogled and took photographs. On the other side, a fantasy dimension of high fashion and high spirits pulsated.

Galleria shoppers, intrigued by the glamour, stopped and stared as several hundred Party Boys and Party Girls made catwalk maneuvers past the velvet ropes and into the new Dior store for a dizzying opening celebration. ADVERTISEMENT


Christian Dior Couture director general Claus-Dietrich Lahrs came from Paris for the soiree. Christian Dior USA president and COO Marla Sabo was among the New York contingent. Headlining the invitation and dressed to kill in dazzling Dior was Becca Cason Thrash, honored on this night for her work with Best Buddies International.

"I'm the Dior poster child," she cooed.

She was one of a zillion fashion standouts -- Debra Grierson in shimmery silver strapless Dior gown, Vivian Wise in Louis Vuitton, Johanna Magnus-Lawson in Dior and Ericka Bagwell in Missoni. The dollars spent on fashion for this night alone could solve the city's financial crisis.

"Becca generates more sales at the Galleria than Christmas," George Lancaster wryly observed.

Among the drop-dead gorgeous contingent -- Maria and Neil Bush, Erin and Nick Florescu, Lisa Holthouse, Courtney and Bo Hopson, Melissa Mithoff, Anne Carl, and Kristi Schiller.
 

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Discussion Starter #18
Woodlands Market Street

Welcome to Market Street, a 34 acre/490,000 sq. ft main street style mixed use(retail and office) development in the heart of the Woodlands Town Center, the commercial hub of the fast growing North Houston Trade Area. Market Street is a pedestrian friendly new downtown for the Woodlands in Texas and #6 in the U.S. Market Street is a place where shopping, dining, entertainment, programmed community events and celebrations come together to create a one of a kind urban enbvironment.

Pics of Construction



Area Plan


Plan Views





Market Street Video
 

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Discussion Starter #19
The Woodlands Waterway Marriott Hotel and Convention Center

Style™ said:
how large is that convention hotel center thing?
Don't feel like looking up specific info right now, so I will just show you what the Marriott website offered.

A meandering waterway within a wooded retreat and at the center of it all lies The Woodlands Waterway Marriott Hotel and Convention Center, a unique state of the art facility offering a distinct setting for your next visit or meeting. Connected via Skybridge to The Cynthia Woods Mitchell Pavilion, you are just minutes away from the concert stage. Easily able to accommodate meetings of all sizes, the hotel features a convention center with over 70,000 square feet of function space. The hotel is located on the area's newest development, The Woodlands Waterway. This area features along with the hotel, entertainment venues, retail shops, upscale dining, and uptown living.


Pics

 

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Discussion Starter #20
The Woodlands gets new watertaxis

Enjoy a relaxing ride in air-conditioned comfort aboard Water Taxi. Whether you are shopping, dining, entertaining business clients or just taking a cruise along the 1.25-mile long The Woodlands Waterway, your Water Taxi Ambassadors will narrate points of interest along the way. Stops are at The Woodlands Mall, Landry’s, Anadarko Petroleum, Waterway Square West, The Waterway Marriott and Convention Center, Cynthia Woods Mitchell Pavilion and Town Green. Fares are $6.00 all day for adults, and $3.00 all day for seniors, youth and disabled.

 
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